Friday, March 28, 2008
Stocks and Bonds to Suffer in Coming Inflationary Recession; Invest in Gold and Silver
Jim Grant, founder and editor of the highly respected Grants Interest Rate Observer and one of the world’s leading experts on US and international interest rates and financial markets appeared on Bloomberg’s “Taking Stock” on Tuesday, March 24. He is very bearish on bonds, calling them ‘risk without return’ and quite bullish on Gold and Silver. "Gold is a Hedge Against Depredations of Our Financial Masters and a Dollar Based Calamity; In Coming Years Stocks to Struggle and Silver is the Silver Lining."